The strong performance of Chinese stocks has caused some problems for quant funds based in China, many of which have taken out significant short positions on index futures.
In response to FTAF greylisting, many Southeast Asian countries are turning to cryptocurrencies and decentralized finance (DeFi) to make up for lost opportunities in the traditional financial system.
Indian stock markets reached record highs yesterday as the US Federal Reserve’s major rate cut boosted risk appetite and encouraged capital to flow into emerging markets.
Pakistan’s flagship KSE 100 Index has outperformed its Asian stock market peers this year, having strengthened by over 20% since the start of the year alone.
Economic growth in Turkey has slowed to its weakest level since the Covid-19 outbreak as high interest rates take its toll on the Turkish businesses and individuals.
India's decision to join Project Nexus is an important step forward that will have profound implications for cross-border transactions within ASEAN and beyond.
Yesterday the Central Bank of Turkey confirmed that it had returned a $5 billion deposit supplied by the Saudi Fund for Development in March 2023, in the latest sign that Turkey’s economic reforms are yielding results.
The Japanese yen (JPY) has fallen by 0.4% against the US dollar (USD) in foreign exchange trading today, reaching its lowest level for almost forty years.
India’s BSE Sensex index shed over 5% in value yesterday, as election results showed Modi’s BJP is on course to a narrower victory than markets expected.
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